35 Mpg + Bluetooth + Clean Carfax + 1 Owner, Abs, Mp3 Auxiliary Jack, Cold Ac, on 2040-cars

Auto blog

Hyundai Q1 profit triples, as it adjusts production due to chip shortage

  SEOUL — Hyundai Motor Co posted a first-quarter profit that nearly tripled to its highest in four years as people bought its luxury cars, but warned it would have to adjust production again in May because of a chip shortage. Unlike its rivals, the South Korean automaker staved off production halts in the first quarter, thanks to a healthy chip inventory. But the shortage, exacerbated by factors including a fire at a chip factory in Japan and storms in Texas, is now catching up with Hyundai. Hyundai, which has lagged its rivals in the electric vehicle (EV) race, also said on Thursday that it was developing solid-state batteries and planned to mass produce EVs using solid state batteries in 2030. In February, Hyundai launched its Ioniq 5 electric midsize crossover, the first in a planned family of EVs that it hopes will propel it into the third rank of global EV makers by 2025. Hyundai Motor and Kia together aim to sell 1 million EVs in 2025. In the quarter ended March 31, Hyundai was unscathed as people at home and the United States snapped up its high-margin sports-utility vehicles and premium Genesis cars as the coronavirus pandemic dragged on, fueling car ownership. Net profit surged 187% to 1.3 trillion won ($1.16 billion) from 463 billion a year earlier, when business slumped as countries shut down to limit the spread of the coronavirus. This was in line with an average Refinitiv SmartEstimate. Revenue rose 8.2% to 27.4 trillion won. Hyundai is expected to report net profit of 1.4 trillion won for the April-June period, up 536% from the corresponding period a year earlier, Refinitiv SmartEstimate showed. Hyundai affiliate Kia Corp reported operating profit of 1.1 trillion won for January-March, up 142% on the year. Hyundai, which together with Kia is among the world's top 10 automakers by sales, has temporarily paused production three times since the beginning of this month and saved chips for its most popular models. "The condition of semiconductor parts is being a little more prolonged than we expected," said Seo Gang-hyun, an executive vice president at Hyundai. "As the semiconductor procurement condition is rapidly changing, it's difficult to predict production status after May.

Hyundai recalls Elantra to fix stability control system

The Basics: Hyundai will recall 155,000 examples 2011 and 2012 Elantra with production dates between October 29, 2010 and October 25, 2011. The Problem: A malfunctioning yaw sensor for the electronic stability control system can cause the application of one or more of the brakes and cut power to the engine, as well as the illumination of the ESC indicator light. Injuries/Deaths: None reported. The Fix: Dealers will check the ESC sensors and update the ESC calibration free of charge. If You Own One: Hyundai is expected to notify affected owners about the recall beginning February 19, 2016. Owners may contact Hyundai customer service at 1-800-633-5151, citing Hyundai's number for the recall, 137. Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.safercar.gov. Report Receipt Date: DEC 23, 2015NHTSA Campaign Number: 15V871000Component(s): ELECTRONIC STABILITY CONTROLPotential Number of Units Affected: 155,000Manufacturer: Hyundai Motor AmericaSUMMARY: Hyundai Motor America (Hyundai) is recalling certain model year 2011-2012 Elantra vehicles manufactured October 29, 2010, to October 25, 2011. Due to an electronic stability control (ESC) sensor malfunction, the brakes for one or more wheels may be applied unexpectedly and the engine power may be reduced. These symptoms will be accompanied by illumination of the ESC indicator lamp in the instrument cluster.CONSEQUENCE: If the one or more of the brakes are inappropriately applied, control of the vehicle may be lost, increasing the risk of a crash.REMEDY: Hyundai will notify owners, and dealers will verify the proper operation of the ESC sensors, and update the ESC system's calibration, free of charge. The recall is expected to begin February 19, 2016. Owners may contact Hyundai customer service at 1-800-633-5151. Hyundai's number for this recall is 137.NOTES: Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.safercar.gov. Featured Gallery 2011 Hyundai Elantra Limited: Review View 23 Photos News Source: National Highway Traffic Safety AdministrationImage Credit: Copyright 2016 AOL Recalls Hyundai Safety Economy Cars Sedan

2017 Hyundai Elantra Eco priced from $21,485

Hyundai announced base price for the 2017 Elantra Eco. $21,485 (including destination fee) gets you a sedan with a 1.4-liter turbo swapped in place of the Elanta's standard 1.8-liter or optional 2.0-liter four cylinder engines. EPA fuel economy figures of 40 highway, 32 city, 35 combined represent increases of 2, 4, and 3 over the 1.8-liter Elantra. The Elantra Eco gets mixed scores compared to the competition but the figures are misleading. The Hyundai's numbers reflect the updated 2017 fuel economy numbers, which are generally lower than 2016. Starting next year, automakers will change the way they adjust test figures to come up with the window sticker numbers. Comparing 2017 Elantra Eco apples to the 2016 competition's oranges, the Elantra is close to even. The Honda Civic (both turbo and naturally aspirated engines), Chevrolet Cruze, and Toyota Corolla Eco rate the same 35 combined mpg. The Hyundai's city number is one to two better than the field, but the highway figure is the same difference behind. In terms of pricing, the Elantra Eco costs around $1000 to $1500 more than base grade versions from the competition, but comes with a decent level of standard features. Keyless entry and ignition, blind-spot warning with cross traffic alert, dual-zone climate control, and heated seats are all included in the base price. A seven-speed dual clutch automatic is the only available transmission.Related Video: Fountain Valley, Calif., May 5, 2016 – Hyundai Motor America today announced pricing for the all-new 2017 Elantra Eco starting at $20,650. Elantra Eco is the most fuel efficient Elantra, delivering an EPA estimated 40 mpg on the highway and 35 mpg in combined city and highway driving. These mpg ratings could result in an average annual fuel cost of just $900 (source: fueleconomy.gov). 2017 Elantra Eco Pricing MSRP (excluding freight): $20,650 MPG (City / Highway / Combined): 32 / 40 / 35 Annual Fuel Cost*: $900 Engine: 1.4-liter turbo GDI 4-cylinder Transmission: Seven-speed EcoShift Dual Clutch Transmission with Shiftronic® *Data from Fueleconomy.gov (4/21/2016) Pricing above excludes $835 freight charge Elantra Eco's LED daytime running lights flank a bold hexagonal grille. On the inside, there is a standard seven-inch Display Audio touchscreen with Android Auto™ and Apple CarPlay™ support.